Cycurion, Inc. Form 8-K Summary
Business Context and Reporting Period
Cycurion, Inc. (CYCU), a Delaware corporation, filed this Current Report on Form 8-K on May 22, 2025. The filing addresses a regulatory compliance issue regarding the company's listing status on The Nasdaq Stock Market LLC.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a delisting notice and does not provide a clear value for any financial metric.
Material Changes and Events
- Delisting Notice: On May 22, 2025, the Company received a letter from Nasdaq indicating it is delinquent in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2025.
- Prior Disclosure: The Company previously filed a Form 12b-25 on May 15, 2025, disclosing its inability to file the Form 10-Q within the prescribed time period.
- Compliance Timeline: Under Nasdaq rules, the Company has 60 calendar days to submit a plan to regain compliance. If accepted, Nasdaq may grant an exception of up to 180 calendar days from the delinquent filing's due date (until November 17, 2025).
Outlook, Risks, and Management Commentary
Management states it is working diligently to compile the required information and expects to file the Form 10-Q within the initial 60-day period, which would eliminate the need to submit a formal compliance plan. The filing includes standard forward-looking statements warning that actual results may differ due to uncertainties, including the ability to respond to Nasdaq inquiries and regain compliance. A press release announcing the receipt of the Nasdaq letter was issued on May 29, 2025.
Investor Verification Checklist
- Verify the status of the Form 10-Q for the period ended March 31, 2025, and confirm if it has been filed within the 60-day window.
- Monitor for any formal compliance plan submission to Nasdaq if the 10-Q is not filed by the initial deadline.
- Review the attached press release (Exhibit 99.1) for additional details on the delisting notice.
- Check for any subsequent communications regarding the Company's ability to meet the November 17, 2025, extended deadline.